PETALING JAYA: Malaysia’s total trade remained on a double-digit growth path in August 2024, boosted by a thriving global economy, Chief Statistician ...
Malaysia’s total trade remained on a double-digit growth path in August 2024, boosted by a thriving global economy, Chief Statistician Malaysia Datuk Dr Mohd Uzir Mahidin said in a statement today,
Meanwhile, imports were worth RM123.5 billion, an increase of 26.2%. The trade surplus decreased by 67.3% to RM5.7 billion. It was the 52nd consecutive month of surplus since May 2020. Mohd Uzir said the increase in exports is attributable mainly to shipments to the United States , followed by Taiwan , Singapore , Indonesia , the European Union , Hong Kong and China .
The increase in imports was contributed by electrical & electronic products ; machinery, equipment & parts ; other agriculture ; chemical & chemical products ; manufacture of metal ; and metalliferous ores & metal scrap .
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